Is Chapter 13 Bankruptcy right for me? 

Many people find themselves in debt and they don’t even know how it happened. You don’t realize how much money you’re spending and then when you look at your credit card bills it can be out of control. Even if you’re responsible with your credit cards, there can be emergencies such as medical bills, car repairs, moving expenses and much more. The next thing you know you have more debt than you can handle and you’re looking for help. The Law Offices of John E. Mufson have a team of bankruptcy attorneys who can help you find a solution to your debt problems. When many people hear the word bankruptcy they get scared, but in certain cases filing for bankruptcy may be your best option.  

What types of bankruptcy am I eligible for?

There are two common forms of bankruptcy for people who are looking to file. The first is chapter 7 bankruptcy. In this form of bankruptcy you must liquidate your assets to pay back the debts you owe. The other option is chapter 13 bankruptcy, where you don’t need to liquidate your assets, but you are put on a monthly payment plan to help pay back your debts. This repayment plan with your creditors can help consolidate and reduce your personal debts. Typically this is a three or five year repayment plan, and after you’ve completed the repayment plan the rest of your unsecured debts are forgiven. Chapter 13 bankruptcy can also help save your home from foreclosure. Our attorneys will determine which bankruptcy plan is best for your financial situation and which plans you may qualify for.  

How can I get started? 

Finding the right debt relief option is important for you to get relief from the debts you’re currently struggling with. Our team at The Law Offices of John E. Mufson will work with you to make sure you get the best help to lower, reduce, and even eliminate your debts. We have more than 25 years experience working in Palm Beach County and the surrounding areas. Your in excellent hands when you work with our team. Call us today at (561) 272-1003 to learn about your debt reliefs options and how our attorneys can help you.